Oct. 14, 2010

President of Federal Reserve Bank of New York to discuss national and regional economy

William Dudley, president of the Federal Reserve Bank of New York, will visit Ithaca Oct. 25 to meet with students, administrators and local business leaders and give a public lecture on the outlook for the national and regional economy.

Dudley's talk, "How Goes the Recovery? Challenges for the Nation, the Region and the Fed," will be at 4:30 p.m. in Call Alumni Auditorium in Kennedy Hall. He will discuss where the economy is now, and where he thinks it is headed in the fourth quarter, next year and the year after.

Dudley is traveling to multiple upstate cities Oct. 25-27 as part of the Federal Reserve Bank's outreach efforts. He will also visit Syracuse, Rochester and Buffalo to meet with local community and business leaders to learn more about conditions in the region and discuss a range of economic issues and will give lectures at the University of Rochester and the State University of New York at Buffalo.

While in Ithaca, Dudley also will meet with President David Skorton and with local business leaders. He will tour Kionix Inc., a Cornell technology spinoff company producing silicon micro-electromechanical devices including accelerometers and gyroscopes, and he will talk with students in Professor Eswar Prasad's course China's and India's Growth Miracles.

His visit to Cornell is being sponsored by the Johnson School, Dyson School of Applied Economics and Management, and the Office of Government and Community Relations.